Economic Impact

Ohio State had the greatest endowment and investment pool growth of the 50 largest university funding pools in the year ended June 30, 2012, according to the NACUBO-Commonfund Study of Endowments, as published by Columbus Business First, February 1, 2013.

The annual Princeton Review college rankings recognize Ohio State as one of the top 75 Best Value Public Colleges for 2012. 

The Ohio Agricultural Research and Development Center (OARDC) is a generator of more than $1 billion in annual economic impact and cost savings to Ohio and the United States.

The Wexner Medical Center expansion and construction of the new James Cancer Hospital and Solove Research Institute and Critical Care Center supports 15,000 jobs in our local community:

  • 5,000 construction jobs
  • 6,000 direct full-time jobs
  • 4,000 indirect full-time jobs supported through spending by Ohio State and its patients and visitors

The Wexner Medical Center expansion project will generate $1.7 billion in economic impact for Ohio by 2015. Ohio State already generates $2.4 billion in economic impact each year.

Funds from state tax incentives applied to the Wexner Medical Center expansion will be used by Ohio State to contribute to Partners Achieving Community Transformation, a revitalization project in Columbus's Near East Side neighborhood.

Established in 1895, Stone Laboratory is the oldest freshwater biological field station in the United States, serving as a base for more than 65 researchers from 12 agencies and academic institutions, all working year-round to solve the most pressing problems facing the Great Lakes.